Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.050%
Price spread now: Injective against MEXC−0.985%85s7-day average +2.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now −0.985%, 7d avg +2.008%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.993% cheaper against MEXC than usual: you would sell low and buy high (−$299 if the spread goes back to its 7-day average of +2.008%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC FIL_USDC | 0.9953 | 0.0085 | pay 0.0085% / 8h | 4h 39m | $241K | $103K | 50x |
| Short | Injective FIL/USDC PERP | 0.9855 | 0.0033 | get 0.0004% / 1h | 39m 58s | $2K | $240K | 12x |
MEXC FIL_USDC
Injective FIL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.85
- Price spread: −0.985% → +2.008%
- −$299.27
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$310.14
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 64 min ago; Injective: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 64 min ago | 3.49 bp | 4.3 bp −$4 | 11.1 bp −$111 | 82.4 bp −$8,238 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
FIL on 29 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0451% | 1h | 0.9972 | +0.191% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0208% | 1h | 0.9960 | +0.070% | $376K | $2.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0065% | 8h | 0.9961 | +0.080% | $18.6M | $103.9M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0020% | 8h | 0.9962 | +0.090% | $7.4M | $7.4M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9973 | +0.201% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9978 | +0.252% | $58K | $2K | 10x | as long as short |
| Injective FIL/USDC PERPshort | +0.0033% | 1h | 0.9855 | −0.985% | $2K | $240K | 12x | |
| Kraken Futures PF_FILUSD | +0.0043% | 1h | 0.9971 | +0.179% | $1.4M | $2.3M | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9957 | +0.036% | $708K | $3.3M | 10x | as long as short |
| Binance FILUSDT | +0.0081% | 8h | 0.9960 | +0.070% | $57.2M | $182.7M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Kraken Futures PF_FILUSD
Extended FIL-USD
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDClong | +0.0085% | 8h | 0.9953 | long leg | $241K | $103K | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9955 | +0.016% | $155K | $360K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9951 | −0.016% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9956 | +0.032% | $510K | $599K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9961 | +0.080% | $15.7M | $20.0M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9953 | 0.000% | $8.4M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9960 | +0.070% | $11.2M | $20.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9962 | +0.090% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9952 | −0.013% | $448K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9952 | −0.007% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9919 | −0.345% | $296K | $948K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | −0.231% | $30K | $181K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9980 | +0.271% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | +0.171% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9964 | +0.111% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9978 | +0.251% | $623K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | +0.070% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0201% | 8h | 0.9961 | +0.080% | $2.7M | $646K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0573% / S −0.0237% | 1h | 0.9971 | +0.183% | $266K | — | 100x | as long as short |
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]